QazaqGaz, S&P Global to boost co-op in gas market research and expertise

DOWNSTREAM CENTRAL ASIA AND CASPIAN

QazaqGaz, S&P Global to boost co-op in gas market research and expertise

Kazakhstan's national gas company, QazaqGaz, has partnered with S&P Global Commodity Insights to enhance their collaboration in gas market research and expertise, as reported by Trend through QazaqGaz.

Source: MenaFN

During a meeting between QazaqGaz's Chairman of the Board, Alibek Zhamauov, and S&P Global's Vice President, Matthew Segers, they discussed significant global gas market trends, future prospects, and opportunities for analytical and expert cooperation.

Following their discussions, both parties expressed a shared interest in organizing joint initiatives focused on knowledge-sharing and enhancing sector analytics. On the same day, QazaqGaz hosted a seminar titled Dialogue on Gas: Vision in the Context of Global Transformations, which was attended by analysts from S&P Global.

Tianshi Huang, Senior Gas Analyst for China, provided insights into China's gas demand and import dynamics. He highlighted the increased shift from coal to gas in industry, the expansion of pipeline networks, and the growth of LNG infrastructure as key factors driving this demand. Huang noted that China's expected growth in imports "opens new opportunities for exporting countries, including Kazakhstan."

In light of Kazakhstan's gas market development, Segers stressed the importance of integrating into global energy processes and identified QazaqGaz as a crucial regional market player.

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